e-invoicing

Unlike using SWIFT for payments, with the right service provider and banking partnerships, corporates who are not SWIFT members can leverage SWIFT's new e-invoicing standards and network.

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"Bottomline is uniquely positioned to facilitate e-invoicing," said Eric Campbell, CTO.

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With the acquisition, Ariba further expands its global footprint and extends its leadership position in the market for e-invoicing solutions.

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It provides suppliers and buyers with an end-to-end e-invoicing data automation process, allowing the removal of all paper-related inefficiencies printing, stamping, re-typing, validating archiving and environmental costs for both AR and AP departments.

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ARBA - News, the leading provider of collaborative business commerce solutions, today announced that it has closed the acquisition of b-process, a privately-held provider of France's largest electronic invoice network and one of the largest e-invoicing networks in Europe.

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Some customers are coming to us for e-invoicing and automation and that's going to touch a lot on the supply-chain spend.

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Strategically important e-invoicing business continues to develop strongly and transaction volumes grow as expected.

Reuters: Press Release 2011

Basware Corporation is developing new sales organization and delivery cooperation models to accelerate license and SaaS sales as well the growth of e-invoicing services.

Reuters: Press Release 2011

Additionally Basware will deliver to the customer Basware Connectivity services including Scan & Capture and e-invoicing.

Reuters: Press Release 2011

About b-process b-process is a leading electronic invoicing service provider, which offers tax compliant e-invoicing and financial supply chain services in 24 countries.

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